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The pound, a unit of currency, originated (at least in Britain) as the value of a pound mass of silver. For a long time in Britain, a pound's worth of silver coins were a troy pound in mass.
Today, the term may refer to a number of current (primarily British and related) currencies, and a variety of now-obsolete currencies.
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Current currencies
The issue rights of the banks in Scotland and Northern Ireland are qualified by a requirement for them to make deposits with the Bank of England on a one to one basis for the notes issued.
There are a number of related and interchangable currencies, at par with pound sterling, issued in some British overseas territories:
Falkland pound in the Falkland Islands, British Antarctic Territory and South Georgia and the South Sandwich Islands
Other currencies called 'pound'
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Historic currencies
Australian pound (until 1966, replaced by the Australian dollar) note: the Australian pound was also used in the Gilbert and Ellice Islands, Nauru, New Hebrides and Papua and New Guinea. The Australian pound was replaced in the New Hebrides in 1977 by the New Hebrides franc.
Jamaican pound (until 1968, replaced by the Jamaican Dollar) note: the Jamaican pound was also used in Cayman Islands and Turks and Caicos Islands until 1968.
New Zealand pound (until 1967, replaced by the New Zealand dollar) note: the New Zealand pound was also used in the Cook Islands and the Pitcairn Islands. Also used Western Samoa until 1962 and replaced by the Western Samoa pound, and in Tonga until 1967 where it was replaced by the Pa'anga
Palestinian pound (replaced by the Israeli pound (also served as Jordanian pound, replaced in Jordan by the dinar))
Rhodesian pound (until 1970 in Rhodesia, replaced by the Rhodesian dollar; until 1964 in Nyasaland, replaced by the Malawian pound; and until 1964 in Northern Rhodesia, replaced by the Zambian pound)
South African pound (until 1961, replaced by South African rand) note: the South African pound was also used in Basutoland, Bechuanaland, South West Africa and Swaziland
in Gambia replaced by Gambian pound in 1968
in Ghana replaced by Ghanaian pound in 1958
in Liberia replaced by U.S. dollar in 1943
in Nigeria replaced by Nigerian pound in 1958
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See also
dinar, Arabic for "pound".
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